Goldman Sachs
Goldman Sachs is an American multinational investment banking firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients.
OUR PARTNERS
Over the years, ReNew has consistently raised permanent capital via equity and compulsorily convertible preference shares from the following set of institutional investors.
Our Investors
Canada Pension Plan Investment Board
Canada Pension Plan Investment Board (CPPIB) is a professional investment management organization that invests the funds not needed by the Canada Pension Plan (CPP) to pay current benefits on behalf of 20 million contributors and beneficiaries. Headquartered in Toronto, with offices in Hong Kong, London, Luxembourg, Mumbai, New York City, São Paulo and Sydney, CPPIB is governed and managed independently of the Canada Pension Plan and at arm’s length from governments.
Abu Dhabi Investment Authority
ADIA is a public institution established by the Government of the Emirate of Abu Dhabi in 1976 as an independent investment institution. ADIA manages a global investment portfolio that is diversified across more than two dozen asset classes and sub categories. With a long tradition of prudent investing, ADIA’s decisions are based solely on its economic objectives of delivering sustained, long-term financial returns.
JERA
JERA is an energy company with global reach that has strength in the entire energy supply chain, from participation in LNG and other fuel resource projects and fuel procurement, through fuel transportation to power generation. Established in 2015 as the equal joint venture of two major Japanese electric companies, Tokyo Electric Power Company and Chubu Electric Power Company, Jera’s mission is to supply power and energy on a globally competitive basis, by effectively developing and managing its 3 portfolio of energy chain assets and continuously optimizing its business.
Global Environment Fund
Global Environment Fund (GEF) is a global alternative asset manager. Established in 1990, GEF has grown into one of the world’s most successful investment firms dedicated to the energy, environmental, and natural resources sectors.
Some Of Our Lenders
Debt Capital Markets
Over the years, ReNew has been consistently diversifying its capital pool by placing debt with Offshore Debt Capital Markets with the most recent placement in Jan 2022.
History of Innovative Financing
- Raised a combined ~$3.5bn debt across 8 issuance since January 2017 from offshore capital markets.
- Raised more than USD 1.5 Billion through closure of nonconvertible debentures (NCDs).
- First Indian renewables IPP to raise USD 475 million Rupee-denominated “masala” bonds.
- Got a USD 600 million, 23 year debt line for Solar projects from OPIC.
- Issued the first longest tenor (7.25 years), high yield bond by any Indian renewable energy company. These bonds would be first to be listed exclusively on the India International Exchange (IFSC) Limited (India INX), which is India’s first international exchange in International Financial Services Centre (IFSC) located at the Gujarat International Finance-Tec City (GIFT City).